Trader Loses $107,000 To MEV Bot Panic Selling Obscure Stablecoin
Lookonchain, a blockchain tracking platform, now reveals that one stablecoin holder lost over $100,000 after panic selling USDR, a stablecoin issued on the Polygon
Read MoreLookonchain, a blockchain tracking platform, now reveals that one stablecoin holder lost over $100,000 after panic selling USDR, a stablecoin issued on the Polygon
Read MoreShare Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Alchemix Finance has thanked an anonymous MEV bot operator for voluntarily returning $70k, or 43.3 Ethereum (ETH), in arbitrage profits earned from the Curve Finance exploit. An operator of a Miner Extractable Value (MEV) bot returned 43.3
Read MoreHow it works: If, after one week, the ether spot price is above the initial price at the time of the trade, the trade terminates early, with the buyer receiving the initial investment plus the 0.5% coupon. If, on expiry, ether trades 15% lower from the initial price, the buyer
Read MoreOn July 30, over 6,000 ETH ($11M worth) in so-called Maximal Extractable Value rewards were paid out to Ethereum validators, the most ever for a single day. Original Source
Read MoreShare Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The Ethereum network recently witnessed some of the highest Maximal Extractable Value (MEV) reward blocks in history, following a vulnerability on the Curve Finance platform. This event significantly rewarded MEV bots that front-ran transactions during the defi
Read MoreThe recent Curve Finance exploit has reportedly led to one of the largest ever maximal extractable value (MEV) reward blocks of 584.05 Ether (ETH). On July 31, Ethereum core developer “eric.eth” reported that “today has produced some of the largest MEV reward blocks in Ethereum’s history,” adding it was caused by
Read MoreShare Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Patrick Hansen, a Circle executive, is concerned that entities involved in Maximal Extractable Value (MEV) activities on Ethereum and other smart contract platforms might be banned from operating in the European Union (EU) once the Markets
Read MoreTether, the issuer behind the leading stablecoin USDT has blacklisted an address that drained Maximal Extractable Value (MEV) bots for $25 million last week. The address in question exploited a bug in MEV-boost-relay to outsmart the MEV bots trying to execute a sandwich trade. Sandwiching occurs when one order is placed
Read More“Given the governance process in place at Rook DAO, and the inability to accrue value to the ROOK token, I think this is the best compromise we could get for token holders,” the pseudonymous Wismerhill, one of the loudest voices calling for change and a sophon in the new DAO,
Read MoreA pseudonymous cryptocurrency pentester, known for their white hat hacking activities, found themselves in a race against time and malicious bots after identifying a vulnerability in SushiSwap’s RouterProcessor2 contract. The hacker managed to secure 100 ethereum (ETH) of the affected funds before malicious bots copied the attack, leading to a loss
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